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I work in publishing, and it is still hard to get management to understand that convenience and a reasonable price is more effective than drm for fighting pirac
by Finnucane 5y ago
I work in publishing, and it is still hard to get management to understand that convenience and a reasonable price is more effective than drm for fighting piracy.
On the other hand, Spotify also solved the industry’s problem of having to pay artists.
- redis_mlc 5y agoSpotify is the problem - they're owned by the industry.
- KptMarchewa 5y agoNot really. Their income will soon overtake pre-widespread-internet peak. https://www.riaa.com/u-s-sales-database/ https://www.riaa.com/u-s-sales-database/
- slothtrop 5y agoRIAA income != artist income
- vlovich123 5y agoIs that accounting for inflation?
- john_miller 5y agoNo, the peak statement is not valid if inflation is considered. But the page has a "Adjusted for inflation" checkbox on the right, so you can see for yourself. :)
- akamaka 5y agoThat chart shows revenue, so I don’t think it takes into account the higher profit margins that come with not needing to manufacture and distribute physical media.
- ma2rten 5y agoI don't understand why buying music on iTunes was so popular in the US for a while, when in Europe everyone was already listening to Spotify.
- dagw 5y agoin Europe everyone was already listening to Spotify. Spotify wasn't available in the US until almost 2.5 years after its initial launch.
- ma2rten 5y agoBut weren't there other streaming services such as last.fm and pandora?
- elzbardico 5y agoMore disposable income, different culture that values actual possession more then merely enjoying it.
- Thaxll 5y agoBig difference with music is that 10$ a month get you everything, and it's the same catalog from Spotify to Google to Apple. TV shows and movies are very different.
- palijer 5y agoIf you are implying they "solved the problem of having to pay artists", that isn't true as Spotify payed artists over $23 billion as of 2020. https://loudandclear.byspotify.com/ https://loudandclear.byspotify.com/ I think they solved the problem of paying artists quite well, 70% of their revenue goes to the copyright holders (if those aren't the artists, that is a different problem Spotify can't really address). It's hard to see a record store or different streaming service do better than that ratio.
- Marazan 5y agoHow much of that went to artists and how much went to the record labels? Spotify 'negotiated' a deal with the record labels that maximised how much money that went to the labels and minimised the money that went to song writers and artists.
- shukantpal 5y ago“ 70% of their revenue goes to the copyright holders (if those aren't the artists, that is a different problem Spotify can't really address)”
- Marazan 5y agoAbsolute lols. It is a problem they can address. Their deal with the labels sends the money to the labels rather than the artists as a stream is counted like pressing a record rather than a radio play. If a stream was considered a radio play the far, far more money would go to the artists.
- jeroenhd 5y ago> If a stream was considered a radio play the far, far more money would go to the artists. Doesn't that still imply that the problem is really just the labels negotiating contracts that are exceedingly in their favor? Artists are getting screwed over because they signed away their distribution rights but there's not a lot Spotify can do about that. Spotify doesn't know where the money goes when they send it to the only place that can legally sell the rights to the content, and it probably shouldn't. Artists across the board need to stand up for themselves and make better deals. More and more big names are standing up against the industry and causing a ruckus, so we may see a revolution in that space in a few short years. Until then, the music labels will continue to profit from their artists as they always have.
- criddell 5y agoTheir goal isn't to fight piracy, it's to make a lot of money. At this point I think they've mostly figured out that maximum profits come with some level of piracy.
- Factorium 5y agoContent Creators need to just lobby Governments to regulate ISPs to block illegal stream and torrent sites. Much more effective than chasing DRM.